Common use of Indenture and Securities Solely Corporate Obligations Clause in Contracts

Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligations covenant or agreement contained in this Indenture, or in any covenant or agreement contained in this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any past, present or future incorporator, stockholder, officer or director, as such, of the Company, the Guarantor or any successor Person to either of them, either directly or through the Company, the Guarantor or any successor Person, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the Holders thereof and as part of the consideration for the issue of the Securities.

Appears in 13 contracts

Samples: Indenture (Aon PLC), Indenture (Aon PLC), Indenture (Aon Corp)

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Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligations obligation, covenant or agreement contained in this Indenture, Indenture or in any covenant or agreement contained in this Indentureindenture supplemental hereto, or in any Security, or because or on account of any indebtedness evidenced thereby, shall be had against any past, present or future incorporator, stockholder, officer or director, or other applicable principal, as such, of the Company, the Guarantor Corporation or of any successor Person to either of thementity, either directly or through the Company, the Guarantor Corporation or any successor Personentity, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the Holders thereof and as part of the consideration for the issue of the SecuritiesSecurities and Coupons.

Appears in 5 contracts

Samples: Indenture (Visteon Corp), Indenture (Visteon Corp), Visteon Corp

Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligations covenant or agreement contained in this Indenture, or in any covenant or agreement contained in this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any past, present or future incorporator, stockholder, officer or director, as such, of the Company, the Parent Guarantor or any successor Person corporation to either of them, either directly or through the Company, the Parent Guarantor or any successor Personcorporation, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the Holders thereof and as part of the consideration for the issue of the Securities.Securities and coupons. ARTICLE SIXTEEN

Appears in 1 contract

Samples: Indenture (Aon Corp)

Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligations covenant or agreement contained in this Indenture, or in any covenant or agreement contained in this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any past, present or future incorporator, stockholder, officer or director, as such, of the Company, the Guarantor or any successor Person to either of them, either directly or through the Company, the Guarantor or any successor Person, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the Holders thereof and as part of the consideration for the issue of the Securities.. ARTICLE FIFTEEN

Appears in 1 contract

Samples: Indenture (Aon Corp)

Indenture and Securities Solely Corporate Obligations. No recourse for the payment of the principal of (or premium, if any) or interest on any Security, or for any claim based thereon or otherwise in respect thereof, and no recourse under or upon any obligations obligation, covenant or agreement contained in this Indenture, or in any covenant or agreement contained of the Company in this Indenture, or in any Security, or because of the creation of any indebtedness evidenced represented thereby, shall be had against any past, present or future incorporator, stockholder, officer officer, employee or director, as such, past, present or future, of the Company, the Guarantor Company or of any successor Person to either of themthe Company, either directly or through the Company, the Guarantor any constitution, statute or any successor Person, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding penalty or otherwise, ; it being expressly understood that all such liability being is hereby expressly waived and released by the acceptance of the Securities by the Holders thereof as a condition of, and as part a consideration for, the execution of the consideration for this Indenture and the issue of the Securities.

Appears in 1 contract

Samples: Trenwick Capital Trust I

Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligations obligation, covenant or agreement contained in this Indenture, or in any covenant or agreement contained in this Indenture, or in any Security, or in any Guarantee, or because of any indebtedness evidenced thereby, shall be had against any past, present or future incorporator, stockholder, officer or director, as such, of the Company, Issuer or the Guarantor or of any successor Person to either of them, either directly or through the Company, Issuer or the Guarantor or any successor Personof them, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the Holders thereof and as part of the consideration for the issue of the SecuritiesSecurities and Coupons.

Appears in 1 contract

Samples: General Motors Corp

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Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligations obligation, covenant or agreement contained in this Indenture, or in any covenant or agreement contained in this Indentureincluding the Guarantee, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any incorporator, or against any past, present or future incorporator, stockholder, officer or director, as such, of the Company, the Guarantor or of any successor Person to either of themsuccessor, either directly or through the Company, the Guarantor or any successor Person, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the Holders holders thereof and as part of the consideration for the issue of the Securities.. ARTICLE FOURTEEN DEFEASANCE AND COVENANT DEFEASANCE

Appears in 1 contract

Samples: Bank of America Corp /De/

Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligations covenant or agreement contained in this Indenture, or in any covenant or agreement contained in this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any past, present or future incorporator, stockholder, officer or director, as such, of the Company, the Guarantor Company or of any successor Person to either of themCorporation, either directly or through the Company, the Guarantor Company or any successor Personcorporation, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the Holders thereof and as part of the consideration for the issue of the Securities.Securities and coupons. ARTICLE SEVENTEEN MISCELLANEOUS PROVISIONS

Appears in 1 contract

Samples: Aon Corp

Indenture and Securities Solely Corporate Obligations. No recourse for the payment of the principal of or premium, if any, or interest on any Security, or for any claim based thereon or otherwise in respect thereof, and no recourse under or upon any obligations obligaiton, covenant or agreement contained in this Indenture, or in any covenant or agreement contained of the Company in this Indenture, or in any Security, or because of the creation of any indebtedness evidenced represented thereby, shall be had against agaisnt any past, present or future incorporator, stockholder, officer or director, as suchsuch past, present or future, of the Company, the Guarantor Company or of any successor Person to either of themthe Company, either directly or through the CompanyCompany any constitution, the Guarantor statute or any successor Person, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding penalty or otherwise, ; it being expressly understood that all such liability being expressly is hereby waived and released by the acceptance of the Securities by the Holders thereof as a condition of, and as part a consideration for, the execution of the consideration for this Indenture and the issue of the Securities.

Appears in 1 contract

Samples: Indenture (Bank of Boston Corp)

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